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Trial Balance April 30, 2021 Debit Credit Cash $ 11,430 Accounts receivable 8.810 Prepaid rent 4,875 Equipment 24,000 Accumulated depreciation-equipment $6,000 Accounts payable 5,840 Notes
Trial Balance April 30, 2021 Debit Credit Cash $ 11,430 Accounts receivable 8.810 Prepaid rent 4,875 Equipment 24,000 Accumulated depreciation-equipment $6,000 Accounts payable 5,840 Notes payable 12,000 Unearned revenue 1,500 T. Muzyka, capital 26,430 T. Muzyka, drawings 4,150 Service revenue 15,210 Salaries expense 9,865 Interest expense 1.100 Depreciation expense 2.750 $ 66,980 $ 66,980 Additional information: Additional information: $ 510 of the unearned revenue is to be recognized because the related gardening services have been provided by April 30, 1. 2021. 2 The equipment has an estimated useful life of eighayears. Interest on the note payable is due on the first day of each month for the previous month's interest. The note payable has a 10% annual interest rate. 3 Balance Adjustments Cr. Dr. Cr. Account Titles Dr. Cash 11.430 Accounts receivable 8.810 Prepaid rent 4,875 Equipment 24,000 Accumulated depreciation equipment 6,000 Accounts payable 5,840 Notes payable 12.000 Unearned revenue 1500 Interest payable T. Muzyka, capital 26,430 T. Muzyka, drawings 4,150 Service revenue 15.210 Salaries expense 9,865 Depreciation expense 2.750 Interest expense 1.100 Totals $ 06.900 5 66980 $ 5 Profit
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